Minera IRL - MIRL Stream Log

Look at the chart - MIRL was over 90p in 2011. It will be in much better shape now as soon as financing goes through.

I meant "known" for being very honest.

That's Brad's (the CFO) influence. He always insists on saying worst case scenario. I talked to him a few weeks ago and he said that although he can't discuss the progress, he's confident the financing will come together. Brad won't say that if it's not true. Courtney also said he's confident. He's knows for being very honest.

The only way to succeed in gold stocks is to buy low and sell high. We've got a lot of gold at Ollachea for a price that we'll never see again.

No that's all he said. He used the word "advanced" when talking about financing negotiations.

All astute observations Barrie. Was a target date given for any forth coming news beside the 'few weeks' comment?

The link is to Integra Gold (ICG on the TSX), another of my favorites. I think the same thing happened to Minera IRL as happened to them. Onward and upward though! Buy low, sell high!

Some Canadian institutions had to do some selling they didn't want to do recently. Pinetree example, from a news article "The debt covenant at issue prohibits the company's debt from exceeding 33 per cent of the total value of its assets, as reflected on its (unaudited) consolidated balance sheet as at the last day of each month. As at Oct. 31, 2014, Pinetree's debt-to-assets ratio was 38.8 per cent." This brought the share price way down on some companies but not for any fundamental reason, but just because these financial institutions were forced to sell quickly. I believe we're at the lows for these companies hurt by this forced selling. Read more at [link]

It looked like insiders bought most of those shares for sale over the past month, so I think it is a very good sign.

It is definitely being manipulated down. Not a good sign , if things are positive the 'market' would move up not down.Btw, my average is .20 so a long ways to go. Now down 6% on 1000 shares in Canada